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Tag : MTN Group

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US estimates £1.4 billion bill to remove Huawei, ZTE gear

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US rural telecommunications companies that rely on federal subsidies would have to spend at least $1.837 billion ($1.4bn) to remove and replace equipment from Huawei...
Business

Oil prices hold near multi-week lows on demand worries

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Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...
Business Insurance

South Africa retailers feel pain from virus pandemic

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South Africa’s retail industry is feeling the pain from the coronavirus pandemic on two fronts — store closures during lockdown and the sharply reduced purchasing...
Business

South African telco to close 128 stores, affecting 546 jobs

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South African mobile operator Cell C said on Friday it expects to close around 128 stores across the country, more than half of its retail...
Business

MTN Group appoints Ralph Mupita as new chief from September

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MTN Group Limited has appointed Ralph Mupita as Chief Executive Officer, to pilot the company’s operations in Africa is in line with the company’s policy...
Business

South Africa’s MTN buoyed by expected leap in first-half earnings

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South Africa’s MTN Group expects first-half sales to double, beating analyst estimates, the company said on Friday, sending its shares up more than 7%. The...